Beutel Goodman Canadian Dividend Fund
Beutel Goodman Canadian Dividend Fund seeks income and capital growth by primarily investing in blue chip dividend-paying Canadian stocks. Other Canadian and foreign income-paying securities may be added to enhance diversification across sectors traditionally underrepresented in the Canadian equity market. The portfolio is built using bottom-up, fundamental research to seek to invest in quality companies with stable, growing businesses and strong balance sheets at discounts to their business value. We believe this focus can provide a margin of safety and help mitigate the potential of capital loss. Our approach includes a process-driven sell discipline, with a one-third sale of securities that exceed the upside target we have set and a secondary review for stocks that exceed their downside targets.
all data as at 31 January 2026, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| 1.51 | 6.19 | 18.54 | 14.92 | 10.80 | 11.34 | 9.38 | 1.51 | 9.71 |
Performance Start Date:
01 October 2010
Calendar Year Returns (%)
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| 20.28 | 9.37 | 7.06 | -1.84 | 21.70 | -1.00 | 15.91 | -4.85 | 9.91 | 18.65 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
all data as at 31 January 2026, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| 1.42 | 5.92 | 17.33 | 13.75 | 9.66 | 10.20 | 8.27 | 1.42 | 8.61 |
Performance Start Date:
01 October 2010
Calendar Year Returns (%)
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| 19.04 | 8.24 | 5.97 | -2.84 | 20.46 | -2.01 | 14.72 | -5.82 | 8.81 | 17.45 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
all data as at 31 January 2026, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| 1.48 | 6.10 | 18.12 | 14.51 | 10.39 | 10.93 | 8.99 | 1.48 | 8.99 |
Performance Start Date:
01 September 2003
Calendar Year Returns (%)
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| 19.84 | 8.96 | 6.67 | -2.21 | 21.26 | -1.30 | 15.48 | -5.19 | 9.53 | 18.22 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
Portfolio Analysis
Top 10 Holdings
as at 31 December 2025
| Company | % |
|---|---|
| TD Bank | 7.0 |
| RBC | 6.6 |
| BMO | 5.9 |
| George Weston | 4.4 |
| Restaurant Brands International | 4.1 |
| Manulife Financial | 3.9 |
| TC Energy | 3.7 |
| Amdocs | 3.6 |
| Medtronic | 3.5 |
| Nutrien | 3.5 |